we saw the nikkei down at 6%.are seeing fairly ferocious waves coming through in the japanese market. we are down at 4.7% on the nikkei. that would be an official correction. havens are being bid this morning, and that is what we have seen in the dollar selling against the japanese currency. we have slightly comforting words from governor kuroda. interesting that the treasury market should be doing what it is doing. we see these haven bids for yen and treasuries. you'll come down on the 10 year treasury down to 2.67% or so. irony given a lot of this selling was attributed to the rise we have seen in treasury yields at the back end of january. wereis where some of them in monday's market. dell by 1.6 percent, down worse than that in the asian session. we come back just a little bit. we picked out just three here. we talked about bitcoin. of whethersessment generally the global growth story, the earnings story, is enough. manus: there is a battle royale. of 1989, 1999. this is a moderate correction and cash will not

japan's nikkei is down by a% after the dowjones closes down nearly 1200 points — its biggest fall sincehe 2008 financial crisis. the us vice president mike pence is starting a trip to asia which is meant to show solidarity with allies and help south korea celebrate the launch of its olympic games on friday. and this video is trending on bbc.com... home surveillance video shows a dog sneaking a leftover pancake, but by doing so, the ignition button on the stove came on, causing something on top to ignite. luckily the alarm system called first responders before the fire spread and a friendship ensued. that story is popular on bbc.com that's all from me for now. stay with bbc news. and the top story here in the uk... the eu's chief negotiator warns the uk faces ‘unavoidable‘ trade barriers — if it leaves the customs union and single market after brexit. now on bbc news, all the latest business news live from singapore. asian stock markets have lowered in the wake of two days of heavy losses on wall street. i am here at the singapore air show as asian countries beef up defence spending i ha

and the nikkei is also correcting from 26 year high as.said anything about these current falls and the state of the japanese economy? we saw the central bank, the japanese central bank come out yesterday after the initial fours to state that its belief is that the japanese fundamentals of the japanese economy are strong and that japanese corporate profit is high. also, it is easy money policy, that of quantitative easing, will continue. japan does not face the same sort of u pwa rd japan does not face the same sort of upward pressures on prices that the us economy is facing. inflation is quite low here. wages are not rising. in fact, the japanese government wants both wages and inflation to rise, they want a bit of what the us is getting at the moment. thank you very much for that update. we will have our asia business correspondent in about ten minutes time to tell us the overall impact of this fall in us stocks on asian equities. let's take a look at some of the day's other news. the south korean president, moonjae—in, says he hopes nort

the nikkei is down significantly.ong kong having a bad we will tell you everything you everything you need to know. —— bad time. so, let's get cracking. it is time to fasten your seatbelts. if you work in financial markets, it is a sea of red. definitely a sea of red on asian markets today as the major indices all head lower following those big losses in the us. the nikkei is down over 6.5% and the hang seng is down nearly 5%. the worst day for hong kong for quite some time. do not forget, it is really sensitive, hong kong, the considerations on us interest rates in the future. —— to considerations. it is especially exposed. this follows the worst one—day loss in history on the dowjones in the us. safe havens like the japanese yen is in favour. a strong yen does not help exporters in tokyo. a quarter of the trump rally has now been wiped out. yogita limaye reports from new york. this trading floor saw the worst day since the financial crisis. after months of hitting record highs, us stocks went into freefall. the trig

the nikkei is up by 3%, thatis right now. the nikkei is up by 3%, that is 660 points.sx all 0rdinaries index is up by i.2%, and the hang seng index, according to the hang seng index, according to the futures markets, will be opening in positive territory. we will have the initial numbers for you in about five minutes‘s time. it is important to keep this wild ride in perspective over a longer period because the markets look very different. the nikkei has gained 14% over the last year. hong kong's main share index, the hang seng, is up by 31%. australia's all ordinaries index showed a 4% gain. however, there could be a lot more volatility in the markets, so is it a good market for retail investors? earlier, i put that question to the head of trading asia pacific. earlier, i put that question to the head of trading asia pacificm earlier, i put that question to the head of trading asia pacific. it is a difficult market, there are a lot of sophisticated algorithms move in this market around right now. sometimes, it is better to take caution and keep your cash ready, ta ke c

and what a picture at one point the nikkei was down 7% intraday. it will claw back but still deeply negative at the close other markets deeply in the red. and this is where the acts of a higher ten-year yield falls, i think, on emerging asia. forgive e >> given that not so positive lead off from asia, let's look at europe as well. the ftse 100 down almost 2%. the dax down almost 2% the cac in france, bnp paribas down 1.6%. the ftse mib very much in the red, down almost 1.5%. let's look at u.s. futures ahead of the open. not quite as bad as it was, but the implied open for dow jones down more than 370 points. that is after yesterday's fall of 1,175 points. s&p 500 also with an implied open down more than 27 points. the nasdaq did not fair quite as disastrously yesterday, but still looking to open slightly soft so, we'll be watching those markets closely. seeing how the u.s. fairs over the course of the trading day. that's it for today'sshow. i'm willem marx. >> i'm sri jegarajah "worldwide exchange" is coming up next. >>> global markets in meltdown

japan's nikkei index sank 5% in early trading.own on the opposition intensifies. maumoon abdul gayoom was detained after the declaration of a state of emergency. in syria, government and russian forces have intensified air strikes against rebel—held areas. that's after opposition forces shot down a russian fighterjet over the weekend. there are reports that chemical weapons were used in one of the assaults — a situation the us state department is "gravely alarmed" by. syria's government has previously denied using chemical weapons. this report by nawal al—maghafi's contains distressing images. a hospital in flames. here in idlib, a night of intense violence. rescue workers raced to the scene of the attack. inside, premature babies now being rescued from the bombing. exposed to the smoke, they struggle to breathe. medics attempt to resuscitate them. only just introduced to the world, they're now fighting for their lives. elsewhere, these men are being hosed down after a reported chlorine gas attack. while no—one was killed, attacks

losses being recovered today with the nikkei in japan up about 2%.1 recovered today with the nikkei inink that the volatility that you see in the united states is also being seen out here in asia simply because of the fa ct here in asia simply because of the fact that as the expectation the us interest rates, for them to go higher, at a steady pace, we were talking about this yesterday, that markets in asia will also be affected simply because they are considered riskier assets than perhaps a bond or us equities, where investors might be putting their money back into. now, things are looking more, but it is a trend, more volatility to come. there are fears about inflation and interest rates, on the backburnerfor the day. i think you have got to take a longer term perspective on this in any case. if you are a trader and are buying and selling minute by minute, you would be extremely concerned about the volatility, but until it spills over into the general economy and there are no signs of that happening yet, acting for the long—term economic fundamentals of the us and many economies in

futures, declines for equities on the nikkei 225.first word news now with courtney collins. >> thank you. the head of north american operations is leaving with effect following an investigation into inappropriate behavior. an internal inquiry found the executive vice president engaged in conduct that was inconsistent with the company's code of conduct. he issued a statement saying he regrets not showing the leadership qualities ford has always espoused. damascus, a violent bombing campaign by pro-government forces. hundreds of people have been killed. reports say almost half a million are being forced to live in shelters. local hospital have 17 beds for 80 wounded victims. showatest r.b.i. minutes policymakers are concerned about the inflationary impact of the prime minister modi's expansionary budget. the governor said there are upside risks to inflation, while his deputy noted that if inflation stays above the 4% target, a change in the stands to neutral and the withdrawal of accommodation might be considered. russia has overtaken

in the global financial crisis wall street anxieties proved too much for asian investors tokyo's nikkei index ignored otherwise strong economic indicators in the country to end in negative territory stocks across all sectors of hong kong's hang saying fell on friday and into a terrible week of trading it's in fact the biggest weekly loss for the hong saying since two thousand and eight when a global recession was in full swing the nikkei his losses markets worst week in two years germany's dax was also down significantly for the week. key european markets have now seen the gains of recent months erased after a weekend breather still hope recent positive economic indicators can shine through the current turmoil. corporate news now abba settling out of court in a corruption probe the european aircraft maker will pay an eighty one million euro fine german prosecutors had suspected that bribes were involved in a two thousand and three deal to sell you're a fighter jets to austria but said they found no conclusive evidence however they accused their boss of violating that supervisory duties

markets the panic spread to asia where investors went on a selling spree on tuesday tokyo's nikkei index fell by nearly six percent. this is a normal it's probably because of the plunge in the u.s. i thought the economy was in good shape with share prices going up but a sudden drop like this makes the future outlook unclear the more the stock prices went up too far without reason it's time to hold tight and there were big losses in europe too although shares recovered slightly on wednesday only to slide again later in the week analysts tried to look on the bright side. because in through we went up too fast twenty one percent last year in the u.s. alone i mean like no one knew when a correction would come but one thing is clear the fundamentals are stable so we don't have to fear that it's going to keep going down most of us divide more into that one gate two weeks final tally hunkers hang seng lost more than nine percent somewhat less than japan's nikkei and the dax in frankfurt. u.s. stocks gained on friday but the wild week of losses seem to prove the cliche that stocks take the stair

the week's final tally hunkers hang seng lost more than nine percent somewhat less than japan's nikkei and the dax in frankfurt u.s. stocks gained on friday but the wild week of losses seem to prove the cliche that stocks take the stairs up and the elevator down. after a marathon session germany's conservatives and social democrats struck a deal on forming a coalition government the grand coalition would keep on the americal as chancellor the social democrats are to receive several top cabinet posts and the interior ministry will go to americans but very allies the c.s.u. they praise the agreement. on september the one reads these one hundred seventy seven pages and i hope they will be widely read will see that what we are proposing is good for the people of our country on the fall. but the optimism that the three leaders tried to convey is not entirely shared by the german business community industry associations complain the hoped for corporate tax cuts were not written into the deal. and they say the new agreement will end up making firms pay billions more to help insurers. employer

a short time ago the nikkei in tokyo dived 4% as well.nd help south korea celebrate the launch of its olympic games on friday. and this video is trending on bbc.com. home surveillance video shows a dog sneaking a leftover pancake, but by doing so, the ignition button on the stove came on, causing something on top to ignite. luckily the alarm system called first responders before the fire spread — and a friendship ensued. that story is popular on bbc.com. that's all from me now. stay with bbc world news. now on bbc news it's time for hardtalk.

the nikkei is down significantly.u everything you need to know.

now 6% for tghe nikkei. in china, set for the biggest drop since 2011. as a result of these moves, we see a big pop in the foreign-exchange space. 2/5 ofe yen, stronger, 1%. money flows into some of the key safe haven paris. let's cross over to the stock and bond space. the big moves in the australian 10 year bond paper. iand a lot of investors are taking risk off the table. rubber, down 2.7%. zinc, down 1.7%. i want to show you what is happening with wti, headed for the longest losing streak in two months. the plunge and u.s. global equities is playing into that, but also the concern of crude stockpiles. we're looking to the key data points. gold, $1334. some strength coming through. this is a picture where we have a u.s. dollar is stronger 0.1% and the u.s. 10 year, a big coming down of that yield, 2. 66%. the long end of the treasury benefited the most of the wave of safe havens. overall treasuries have been rallying and s&p futures are recovering a little bit, but still called almost 2% lower. let's check in on the first word headlines from around th

the nikkei is up. it has been a good week for markets across asia. not so good for the all 0rds.he dow is up a bit, even if the dollar is having a bit, even if the dollar is having a troubled time. when it comes to our eating habits, it turns out that many people are choosing healthier options, or at least cutting back where they can. but for a company like coca—cola, does a shrinking waste—line mean a shrinking bottom line? just to give you an idea, one can of coke has about seven teaspoons of sugar in it and it accounts for 139 calories. that's about the same as eating one and a half apples or nearly nine cucumbers. americans are definitely cutting back either way. in 2016, soda sales hit a 31—year low in the united states. coke will be reporting earnings in a few hours‘ time for joining £5- family. and they are very distinctive from coke and coca—cola. yes, and if you look at some of the advertising campaign that coca—cola have been undertaking of late, it's been focusing on coca—cola as an organisation and its portfolio rather than focusing on coca—cola as a standalone flagsh

it works within seconds around the globe's globe asian markets followed wall street's leap japan's nikkei index was down seven percent during the trading session and closed four point seven percent down stocks across all sectors were skidding in the wake of the new york crash coming because like to your financial stocks and technology companies were hit hard all other asian markets also took a beating in hong kong the hang seng index ended the day around five percent lower . so what goes up must eventually go down but analysts say that this sell off actually is healthy at this stage it's better the market is letting off some steam right now they say instead of later when a rout could be much more damaging. good news for the economy turned out to be very bad news for stocks at the start of the trading week the latest data on u.s. wages show average hourly earnings up two point nine percent year on year the highest rate of growth recorded since the middle of twenty nine that's following years of stagnation but faster wage growth means employers have to spend more to recruit the workers they

the nikkei up by 117 points.about ten minutes ago and it is surging by 390 points. the all 0rdinaries index gaining 6.5 points. so far all good, all in positive territory. the three major indices rebounded overnight with broad—based schemes across the sector. the dow jones industrial average and two trading days, friday and monday, up by more than 700 points. 0vernight gaining 1.7%. the nasdaq up by a 1.6%. thank you so much for investing your time with us. i'm a rico hizon. sport today is coming up next. the top stories this hour: north korea's leader speaks of a "warm climate of reconciliation" with the south after a delegation returns from the winter olympics. south african president jacob zuma has been told by his own party that he has 48 hours to resign. as of tuesday, british tourists can resume package holidays to tunisia for the first time since a gunman massacred 38 people at a beach resort three years ago. the first fully booked flights from manchester and birmingham will be operated by the travel group

and on the markets, japan's nikkei is closed today for a public holiday. the dow ended up. the all ordinaries is down and the hang seng is up slightly as the asian markets try to a semblance of calm. it's been a week sincejerome powell took over as chairman of the us federal reserve — a week in which global stock markets have plunged. here's why — investors are worried that, because the us economy is doing better than expected, the fed will probably raise the cost of borrowing faster. the bank of england has also given support to the idea that rates globally will rise. this end to so—called ‘cheap money‘ will push up borrowing costs for companies and individuals, which can hurt corporate profits and curb economic activity. also worrying investors is a government budget proposal announced by us lawmakers which raises spending caps and could fan inflation. with me is lena komileva, chief economist at (g+) economics. welcome, good morning. what is your view, was last week a blip or is this a sign of things to come? hopefully the worst of the sell—off is behind us. let's not fo

the nikkei and topics snap a topix snap amb -- three-day climb. seoul, and for decline.kuala lumpur, stocks are sliding after a five-day bend. we will see whether or not that flips the switch tuesday. over in singapore after the release of the budget, we are 1%ing the index move 2/10 of . the debt and consumer spending from a increase end of the gsp it could impact shops, restaurants, as well as hotels. the potential beneficiaries from singapore's budget could be benefiting firms from the increase in health care spending especially with elderly care. benefiting fromthe commodity trader flaggin annual loss pushing $5 billion. the states giving the heavy losses we are anticipating for today. commodities are very much in focus. let's get you to first word news . president trump has offered his support eliminates check of gun violence. the main action the president has taken on guns was to block an obama administration rolet rulee -- the signed -- designed to keep guns away from mentally ill people. the brexit team is said to have secret plans to force brussels to give the u

nikkei futures are up. we saw that bounce in the s&p futures. the nikkei is up 1.3%.he nikkei 225 down 2.5%. rateve the u.s. dollar-yen at 109.2. other currencies are getting stronger. it could get to 105 over the next several months. let's get to the first word news with jessica summers. this unexpected release raises questions about the korean government's ability to reform big business. he was the most high profile businessmen caught in the corruption investigation that brought down the prime minister. are others who have been tried for corruption only to receive suspended sentences. is calling on bhp to review its structure hoping to create a unified company. bhp currently operates as two entities, one in melbourne and the other in london. a new study shows that pension funds in us trillion have grown at the fastest pace in the world over the past 20 years. that is according to research -- compulsory retirement saving rules and riskier assets are among the key drivers of the growth. the minneapolis fed president kashkari said that the --eleration in wage growth he

we are watching the relationship between the yen and the nikkei very closely.hat spread across commodity markets. say the yen is still one of the most important currencies to look at in terms of, if this is a big risk aversion event, will people still pile into the yen, or will the swiss franc be another they follow? mike: i think they are both likely candidates. how market street the u.s. dollar in the event of further panic will be one of the keys to the performance we see. some gloss has come off the idea the u.s. dollar is a safe haven currency, especially as the risk markets are emanating from the u.s. yes, i think the yen will increase in importance. the swiss franc boys be a safe haven, particularly for europeans. i do think of the yen will increase in performance if we see declines in equity markets around the globe. betty: speaking of safe havens, we're looking at currency safe havens. but what about the equity markets? are lookingf you for safety, you buy into european equities since they are cheaper than their u.s. counterparts. mike: i would argue t

back monday of 2% on the nikkei 225.ollar-yen is less strength from the moment-- yen at after the nomination of governor kuroda. a lot ahead of the boj meeting in march, so lots to watch. inflation also coming out on friday. let's get to first word news now. theresa may's brexit team is said to have secret plans to withhold eu payments to force brussels to give the u.k. the trade deal it wants. officials have discussed the idea in case of failure to clinch a free-trade agreement. will set out her post-brexit vision next week and laying out a path for negotiations themselves. singapore has announced a range of tax increases, including a surprise hike and property levies. properties worth more than one million singapore dollars goes from 3% to 4% on tuesday. the government plans to raise the goods and services tax to 9% from 2021-2025. bitcoin rose for a fourth day, breaking back through $11,000. cryptocurrencies have been recovering and on the feeling they will not be regulated out of existence. s&p global ratings says di

what can you tell us about the price action in the nikkei >> the nikkei index rose nearly 2% during therading day and finished over 1% higher. stocks were across the board at the tokyo stock exchange and investors seemed to be regaining in appetite for risk the yen was gaining strength against the dollar which hit a 15-month high. overall, firms catering to domestic demand, utilities, pharmaceuticals outdid exporter shares the japanese government announced the nomination of the governor for a second term and two new deputy governors the trio will likely keep the current ultraloose monetary policy unchanged it had little impact on the market that's all from the market >> thanks very much. meanwhile, the bank of america, ceo and chairman, brian moynahan gave us his view when he spoke at the economic club of washington >> our view is that normalized rates are into that growth cycle. on the other hand, you haven't seen a lot of inflation. everybody is debating about it our team thinks na it that it ig to grow. i think between chairman yellen and back to bernanke and powell, they are telling

around the globe let's have a look at asian markets which follow wall street's lead today japan's nikkei index was down almost seven point one percent during trading that's the biggest point drop since one thousand nine hundred stocks across all sectors us getting in the way of the new york crash carmakers like to go to financial stocks and technology companies are being hit hard all other asian markets are also taking a beating in hong kong the hunt saying index is around five percent lower right now headed toward its biggest fall since twenty fifty. so what goes up must eventually go down maybe donald trump would do well to remember that the next time he attributes stock market success to himself he could be cheered by some analysts saying that this sell off actually is healthy at this stage it's better the market is letting off some steam right now instead of later when it could be much more damaging but that's chica disappear if sustained fear from investors has a chilling effect on investment. good news for the economy turned out to be very bad news for stocks at the start of the tr

the nikkei has building up gains.panese export data being seen as the economy doing better than expected. bloomberg dollar index still under pressure. up next, we'll talk about saudi arabia and its inclusion helps for summer and beyond as the kingdom is about to be the third-largest em ea player. this is bloomberg. ♪ ♪ yousef: you're looking at a live shot of downtown new york. it is 11:30 p.m. over there. it: 30 in dubai. a lot to digest for investors. the index lower, but not as low as we were you -- a few minutes ago. they're an minded's u.s. presidents day. some of the other markets in the u.s. will be shot. let's get a quick check of the first word headlines. let's go to christine. christine: thanks. japanese exports gains for a 14th straight month in january. by moreshipments rose than expected, 12.2%. while imports rose 7.9%. that is the first japanese trade up in eight months. the strengthening yen remains a risk while it makes imports cheaper. china says proposed u.s. tariffs on imported steel and aluminum pr

. >>> in asia, it was positive session with the nikkei up 1%.ang seng higher by 0.4% the kospi with a gain of a half percent. the nikkei is still down 6% for the week if you look at early trade in europe, you'll see markets are not following the cues from a a asia the dax is leading the declines down over 1 %. the french equity market down 0.75%. for the week, germany, france, spain, down about 4% the dollar had a big jump yesterday, about a percent for the broader dollar index it's higher again today. 0.4% higher against the yen. a bit higher against the pound we're watching the bank of england decision this morning. not really expecting a hike, but inflation there is still elevated compared to the rest of the developed world. bitcoin this morning, prices are higher, not significantly. we had that nice rize base backv 8,000 over the past couple of days joining us on the phone is jeff kleintop good morning the main question for me is on the yield curve. clearly we have now seen the yield curve rise back to levels of last week, seen as a spark fo

. >> the nikkei down almost 1.5% we had some weak manufacturing data coming out of japan as well the yen strength continues to weigh on that particular index hasn't been a good couple of days as far as the nikkei is concerned. the chinese indices down 1%. hang seng down 1.4%. aussie down 1% the economy may be slowing down just a little bit. let's switch to europe things traded heavier in trading after the powell testimony and we saw a continuation of that move in asia seeing a sea of red in europe. ftse 100 is down 0.35% xetra dax similar declines cac having a weak day. all of the four indices are not having a good start to the trading day. let's switch to the u.s. you can see that the dow was down more than -- just about 300 points on the trading session. that puts it down at almost 1.2% s&p was also down 1.3% this is on the back of powell's testimony. this was his first testimony as new fed chair. there was some concern that his tone was a bit more hawkish and he is perhaps prepping the market for a more aggressive fed going forward. equities did not react well to that bond yields

a closer look at the nikkei 225. we had the shanghai composite, the nikkei also in correction. on a weekly basis losses of almost 9%. that was the worst week for the bench mark index in two years. so investors not seeing a reason to buy going into the week the lunarny ye new year holidays next week as well. back to you. >> thank you very much let's get the latest on the selloff in europe. sri jegarajah joins us from london good morning >> it's interesting, nancy talked about the extent of declines in asia which were admittedly sharp but interestingly enough we're not seeing the same kind of quantum of losses in european markets. yes, they're down but the damage report is not initially as bad as expected. the scope of the losses is not that pronounced. the dax and ftse down by roughly 40 points. this does point to resilience in the earnings numbers and underlying economic back drop as well back here in europe we have been seeing something of a renaissance in european equities i will say that it's probably getting some help sentiment-wise from the fact that u.s. futures, your sid

lauren: in japan, nikkei jumping 1.2%. cheryl: mcdonalds want to make a happy meal a happy meal. we will tell you how they plan to do that. fbn:am starts right now. lauren: tgif, 5:01 in the morning. i'm lauren simonetti. cheryl: good morning, i am cheryl casone. well, the parkland, florida community is in mourning. last night they held a candle light vigil to remember those innocent lives that were lost. >> my friends are dead, peter, martin, they are dead. and those are my good friends. >> jamie took a bullet and he's dead. i -- i don't know what i do next. cheryl: we've got lauren in parkland with the latest. >> the feeling of panic turns to grief one day after gunman opens fire killing 17 at douglas high school. >> he's dad, he's mournful, remorseful, he is fully aware of what is going on and he's just a broken human being. >> the parkland community in mourning gathering thursday evening to remember the lives lost this after 19-year-old nicklaus cruz makes first appearance, taking uber to the school and entering with duffle bag and backpack. cruz was only in the school about

nikkei was on a national holiday yesterday, so there was no market activity there. you would think that on the first day of trading it would catch up with its counterparts that has not been the case some point to the fact that the dollar/yen has appreciated another 1% so yen is weighing on the nikkei also speculation about who will succeed mr. car rokuroda let's look at fx the picture this morning is one of dollar weakness once again. u.s. equities stronger and dollar weakness persists sterling/dollar is about 0.2% stronger euro/dollar also about a quarter percentage point stronger. >>> the recent stock market drops have pulled down price earnings multiples meaning some stocks may be looking more attractive to investors. bob pisani looks at what could happen as equities get cheaper >> stocks snapped back with the dow surging more than 500 points at session highs the biggest complaint a month ago is that the market can't keep going up. it's too expensive now the markets are cheaper than two weeks ago. the s&p is trading at a multiple of 17 times forward earnings that

a short time ago the nikkei in tokyo dived 4% as well.he us vice president mike pence is starting a trip to asia which is meant to show solidarity with allies and help south korea celebrate the launch of its olympic games on friday. and this video is trending on bbc.com. home surveillance video shows a dog sneaking a leftover pancake, but by doing so, the ignition button on the stove came on, causing something on top to ignite. luckily the alarm system called first responders before the fire spread — and a friendship ensued. that story is popular on bbc.com. that's all from me now. stay with bbc world news. now on bbc news it's time for hardtalk. welcome to hardtalk, with me, zeinab badawi, from the world economic forum in davos. argentina says it wants to re—engage with the world, especially through its presidency of the 620. it wants better ties with washington after many years of a poor relationship. my guest is argentina's foreign ministerjorge faurie. just seven months into the job, what is his assessment of ties with the trump admin

the largest intra day decline of all times in asian markets picked up the sentiment in tokyo the nikkei is four point seven percent down the hung saying in hong kong is a five point nine understands five five firm one percent lower and the shanghai composite index is minus three point four percent not what caused this sell off in the u.s. there's a combination of factors at play wages have risen stronger than expected stoking fears of rising inflation that will drive interest rates up and it was the cheap money that has been driving the stock market rally of recent years also a rise in rates makes a facets like government bonds more attractive so investors move out of stocks into those bones also automated trading orders have triggered are triggered when certain indicators fall to a preprogramed level and these sell off triggers other sell orders it is a computer driven domino effect and it works within seconds around the globe let's have a look at asian markets followed wall street's lead to parents nikkei as we heard was down seven point one percent that's the biggest point drop since

jones industrial averages biggest loss in a single day since two thousand and eleven in japan the nikkei index was down almost seven point one percent during trading. are they really there are they nearly there germany's two biggest parties inch toward a deal for a new government but the talks drag on another day as negotiators clash over key issues. and the political crisis in paradise thickens the mall deaves crackdown on the opposition takes a new turn has to talk judges and a former president are arrested. don't welcome you're watching d.w. news well let's go straight to our top story now we've got some real massive turbulence on the world markets has more that's right terry many are already talking about a black monday and that might be a bit premature because that's reserved only for the most severe shocks in financial circles let's have a closer look at what's happened the dow jones industrial average tumbled one thousand one hundred seventy five points that's a minus of four point six percent to close down at twenty four thousand three hundred forty five on monday that's eight pe

the nikkei index hasjust opened and we'll have more on how that's doing in a few minutes.h africa's president jacob zuma could resign — if he can agree a deal with his deputy cyril ramaphosa. mr zuma has been under huge pressure to quit to avoid a power struggle. a state of the nation address he was due to give on thursday has been postponed. three hong kong pro—democracy activists have won their appeal againstjail sentences given to them for their role in street protests in 2014. the territory's court of appeal overturned the sentence handed to them for leading what became known as the umbrella movement. one of them, joshua wong, spoke outside the court after the ruling. i would say it is not a victory at all and there is no cause for celebration. thejudge described it as sugarcoated and a straight judgement because the court has defined the umbro movement of the violent action which means it may cause more people to face sentences in the future because of those strict guidelines. more than 1200 security guards have been withdrawn from the winter olympics in south korea b

within seconds and around the globe asian markets for example followed wall street's lead japan's nikkei index was down almost seven point one percent during the trading session stocks across all sectors was skidding in the wake of the new york crash comics like the oter financial stocks and technology companies will hit hard all other asian markets also took a beating in hong kong the hang seng index ended the day around four point four percent. so what goes up must eventually go down maybe donald trump would do well to remember that the next time he attributes stock market success to himself he could be cheered by some analysis saying that this sell of actually is healthy at this stage it's better the market is letting off some steam now some analysts think instead of later when it could be much more damaging. good news for the economy turned out to be very bad news for stocks at the start of the trading week the latest data on u.s. wages show average hourly earnings up two point nine percent year on year the highest rate of growth brick ordered since the middle of twenty zero nine tha

you can see the japanese nikkei down 2.5%. the hang seng down 1%. shanghai bucking the trend that was up 0.75%. really the only indices across europe or asia higher. take a look at what's going on in europe, very much sort of catching the cold that we started over here in the united states on friday and as we're continuing this morning, you can see european markets are down as well you have the ftse 100 down a percent. the worst of the bunch spain down 0.5%. germany down 0.6%. >>> the dollar board for you, we did see the dollar break its recent five-week losing streak and rise last week but only slightly and it was only really friday's 0.5, 0.6% gain that was a day of meaningful gains so the dollar hasn't really been a factor in the market selloff in the way that yields have. today, the dollar market not doing too much relative to other markets. it's down about 0.25% but flat against the euro and pound gold prices down 1% this week. pretty much flat this morning at 1338 and rounding off bitcoin which has had a tremendous fall, mid-december highs and

have a look at the nikkei, they found hard to digest those comments over lunchtime.asaly joins bloomberg business flash. juliette: amazon is cutting hundreds of jobs added seattle headquarters -- at its seattle headquarters. the move is seen as part of a broader reorganization at the company, what some see as a shift towards automating tasks once performed by humans. amazon did not comment specifically on the use of automation. in a lawsuit filed in a new york federal court come on associate director at the firm accuses the president of using an inappropriate term in his office. denies they 72legations -- point emphatically denies the allegations. anna: according to the prime minister, the bank of japan has a blank slate to choose the next central bank governor. james athey is still with us. do we take these comments at face value? or is market expectation that we still get corroded for a second -- kuroda for a second term? james: there was nothing in that sentence, nothing specific. seem that there is a newpside in selecting boj governor, so i would assume that kuro

. —— nikkei. wrap up the week's big events with our economics correspondent — including what's ahead for south africa's new president? what's waiting in his economic in tray? and we want to know have you ditched fizzy drinks and what are you having instead to quench thirst? no fizzy drinks, just coffee, ignored the three sugars! contact us. hello and welcome to business live. when it comes to our eating habits, it turns out that many people are choosing healthier options — or at least cutting back where they can. but for a company like coca—cola, does a shrinking waste—line mean a shrinking bottom line? just to give you an idea, one can of coke has about seven teaspoons of sugar in it — and it accounts for 139 calories. that's about the same as eating a daim bar! americans are definitely cutting back. in 2016, soda sales hit a 31—year low in the united states. coke will be reporting earnings in a few hours‘ time and expectations are that revenue will fall 21% in the last three months of 2017. so t

in the northeast asian region, you did see the nikkei retreat from the highs of the session.ng for a fourth consecutive date. there is little change ahead of policy decisions. over in china, large caps are sliding. weighing on the honda saying. that is set to extend losses for the fifth straight day. we look at some of the players in hong kong as well. poly real estate sliding nearly 10%. some chinese banks are raising mortgage rates. softbankokyo you have snapping a droughts. that is as well as the revealed that preparations are underway. moody sky says the plan is negative for group creditors. let's turn to an earnings story that we can get some detail to. profits have beat estimates. the company has confirmed its four-year forecasts. it affects speciality lighting segments. us for nexto joins loser interview. good to have you on the program. it seems you blown to the estimates to some extent. what has gone better than analysts expected? or maybe even then you have expected? thanks for having me on the show again. i think we had a solid start in the year despite headwind fr

we saw the nikkei close down over -- close to 5%. hong kong down over 5% we'll dive into all of this international picture when we come back and look at oil. major factor in the market slide. energy has been a sector that's suffered over the last couple of sessions another check in on the u.s. futures board. down sharply this morning. 550 points on the dow. really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. we call that the golden hour. evaluating patients remotely is where i think we have a potential to make a difference. (barry murrey) we would save a lot of lives if we could bring the doctor to the patient. verizon is racing to build the first and most powerful 5g network that will enable things like precision robotic surgery from thousands of miles away. as we get faster wireless connections, it'll be possible to be able to operate on a patient in a way that was just not possible before. when i move my hand, the robot on the other side will mimic the movement, with almost

thehave the nikkei and kospi. stocks down. dollar seeing a bid.asuries being offered up at the moment. not the best sign here as we move into the open here in hong kong and in china. haidi: not the best sign at all, david. first word news with remy innocence you -- rami. heir ise samsung appealing his five-year prison term for corruption. prosecutors are appealing for a longer term. for 12nt lee behind bars years, arguing that would establish the rule of law in investigations between government and business. china is ratcheting up trade tensions with the u.s., launching an investigation into sorghum imports. aging says it has evidence that ing u.s. government -- beij says it has evidence of the u.s. government subsidizes of the sector. this after president trump slapped sanctions on solar panels. something that china said was unnecessary. u.n. monitors say shipments in china, south korea and usingm were made by ships deceptive navigation patterns. beijiing is doing its part to enforce sanctions. prime minister theresa may has affirmed that the u.k